Forex

      The price of  bitcoin could hit $3,000 by the end of the year after recently, and hitting a fresh record high, an analyst told CNBC on Tuesday. A rise on this scale would represent a near 150% increase from bitcoin's current price of $1,204 at the time of publication, and a more than 130 percent increase from the fresh...

Remittances from Egyptians abroad increased by 20 percent year-on-year in the three months following the country's November currency float, totalling about $5 billion, a central bank statement said on Monday. Remittances for the month of January were up 23 percent year-on-year, reaching $1.6 billion, the statement said. The central bank floated the Egyptian pound on Nov. 3, aiming to unlock foreign...

  Nigeria's interbank forex market traded $540,000 in early deals at 375 naira per dollar, near a record low exchange rate hit last November, Thomson Reuters data showed on Monday. The local currency traded at a record low of 375.50 to the dollar last November on the official interbank market before it reversed losses.The interbank market traded a total of $3.77...